Replies to post #21893 on Niocorp Developments Ltd (NB)

[walterc]

The 50 percent he mentioned was when he adressd the loan guarantee from the German government; There is no doubt about the 25 percent also committed.

I understand they believe there is NO EIS needed but I leave that to the American experts to comment

[Landmark8211111]

Paullee, I can see you are fresh to this board. Answer me this - do you own any shares in this company, or are you waiting for a lower SP before pulling the trigger?

[Kaseymoe]

Paulee....I think your fears might be lessened on the environmental front if you contact Jim Simms. He's very approachable. These are smart, conscientious folks who are forging cooperative relationships with all the local and state-wide groups who have an interest in this important project.

Dick Williams
rjw/mkc

[Landmark8211111]

Paullee,

I seem to remember the company using "Environmental Assessment" as opposed to an "Environmental Impact Statement" that you are using...Huge differences!


On September 8, 2016 we announced the successful completion of a Jurisdictional Determination (JD) process with the US Army Core of Engineers (ACOE) for the Elk Creek Project. The JD issued by the ACOE identifies wetlands and streams within the Elk Creek Project’s footprint that are considered Waters of the US (WOTUS) and are therefore regulated under the federal Clean Water Act. The Elk Creek Project, as laid out in the Company’s October 15 Preliminary Economic Assessment (PEA), was designed to minimize impacts on WOTUS wetlands and streams. The JD reinforced our belief that there are no WOTUS wetlands and streams in the immediate footprint of the Elk Creek Project’s mine mouth and product processing facilities.

Mark Smith just a few hours ago ponied up another $2mil. to support the "Elk Creek Project" moving forward to the FS.
I don't believe that Mr. Smith would have risked that loan if he knew there was going to be a long drawn out EA or even an EIS, (which I don't believe are in the cards anyways) do you?

But if this doesn't work for you - then I strongly suggest you contact Jim Sims for the company's official clarification.